New Bucks owners want a new stadium how will that effect MQ hoops?

[Litehouse]

They could tear down the MECCA and the Theatre and build the arena on that block with skywalk connections to the convention center and BC.

[Ari Gold]

Look it up.  Its all over the place.

[wardle2wade]

They could tear down the MECCA and the Theatre and build the arena on that block with skywalk connections to the convention center and BC.

They just opened the Milwaukee Theatre in 2003.  It's a nice place and no chance they tear it down anytime soon. 

[ChuckyChip]

It doesn't seem viable to keep the BC once a new area is built.  Assuming the Bucks, MU, and Admirals move to the new arena, there are not enough events to put in the BC.  Most concerts and conventions will want to be in the new space.  Staying in the BC would not be an option.

[TealOnly]

Possible dumb comment, but wouldn't the BC get the wrecking ball after the new joint is built? Who would play there - the Admirals, monster truck rallies and second fiddle concerts?  Seriously, who would buy boxes for that?  Seems like the cost for maintaining the BC would higher than the return.  Then again, the Astrodome has been vacant for years without liading it up with dynamite, so who knows.

[Guy Fieri's Dad]

I would love a bigger version of the AL on campus. If it were possible.

[slingkong]

Parking at the BC is a piece of cake.  If you really want to pay, the ramp right next door is only $15 and you barely even have to walk outside, and there's unlimited free street parking within a 5 min. walk.  Compared to Miller Park where you pay $10 and your walk still might be more than 5 min.  Plus, you can get dropped off right at the front door if necessary.

Is that really all it costs to park in likely one of the most expensive lots in Milwaukee? Wow. No one should ever complain about the cost of parking if it's that low.

[slingkong]

Now...look at what Indianapolis did. They did it right. Put the thing downtown, keep a pro team there 45 nights (minimum), a top D1 hoops program 20 events minimum, a minor league hockey team 30 nights minimum and there's 1/3 of a year. Add in concerts and other events there, you are easily at 1/3 nights/days a year w/something going on there.

What college team plays downtown Indy? Butler plays north of downtown at Hinckley (sp?).

[Coleman]

What college team plays downtown Indy? Butler plays north of downtown at Hinckley (sp?).

No college team plays at Bankers Life Fieldhouse.

The Big Ten does have its tournament there every other year though.

[Let's Go Warriors]

Is that really all it costs to park in likely one of the most expensive lots in Milwaukee? Wow. No one should ever complain about the cost of parking if it's that low.

Every game I have been to, that ramp has always been at least $20.  Also, getting out of there after a crowded game can take over an hour.  An hour just to get out of that ramp...  that ramp is the absolute worst parking there is near the BC.

[mu-rara]

The lower bowl is way too small at the BC.  I myself would have gone to at least 2x as many games had I not had to site in the upper level at the bc.  I know quite a few people that feel the same way.


Upper level issues:
Seats too small
seats dont have enough leg room
upper level way too steep

Proportion of seat between upper and lower level because of the hockey design is terrible.  Hopefully the new stadium will change this and MU will have an even better home court.

Plus it would be a nice selling point for recruits.

If upper level is not steep, you have the Rosemont Horizon (or whatever it's called now).  The steep angle keeps you closer to the court.  I went to MU / DP games at Rosemont and felt like I was a mile away from the court.  It will be nice having an arena designed for hoops.

[BrewCity83]

Our boy Marc Marotta said yesterday that the Bradley Center will need $100 Million in repairs to keep it open over the next ten years.  Obviously, with a new arena up and running in the next 3-4 years, there won't be enough business at the BC to support that.  He's laying the groundwork to have it demolished.

[rdpatron]

You are right...it can be a big albatross on a city if it's done wrong. See Coyotes, Phoenix and where they built that effing stadium.

Now...look at what Indianapolis did. They did it right. Put the thing downtown, keep a pro team there 45 nights (minimum), a top D1 hoops program 20 events minimum, a minor league hockey team 30 nights minimum and there's 1/3 of a year. Add in concerts and other events there, you are easily at 1/3 nights/days a year w/something going on there.

Indianapolis is a pretty bad example. That city is still paying for the RCA Dome, which was largely financed with public money. The RCA Dome was demolished in 2008. They're going to be paying for it until 2021. Even if we finance a new arena, there's no guarantee that it or the Bucks will be here by the time we're done paying it off.

[BrewCity83]

If there's public financing for this new arena, it sounds like it will be in the $125-150 Million range.  Shouldn't take the life of the building to pay that off.

[rdpatron]

Where are you getting the $125-150 million range? Everything I've heard has been that there's $200 million on the table now with potentially another $50 coming from naming rights. The cost is supposed to be between $400-500 million.

[BrewCity83]

They're going to have to come up with about another $100 Million in private money, whether it's minority owners, or some mix of developers/investors that can find a way to profit from the development (restaurants/shops/bars/hotels etc.).

Here's how I see the equation playing out:

$100 million from new Bucks owners
$100 million from Herb Kohl
$  50 million naming rights
$  75-100 million other private money as speculated above
$100-125 million public funding
$450 million total cost

If the public only has to come up with $100-125 million, I think we can find a way to get it done and I think it becomes a good ROI for the community.

[Tugg Speedman]

They're going to have to come up with about another $100 Million in private money, whether it's minority owners, or some mix of developers/investors that can find a way to profit from the development (restaurants/shops/bars/hotels etc.).

Here's how I see the equation playing out:

$100 million from new Bucks owners
$100 million from Herb Kohl
$  50 million naming rights
$  75-100 million other private money as speculated above
$100-125 million public funding
$450 million total cost

If the public only has to come up with $100-125 million, I think we can find a way to get it done and I think it becomes a good ROI for the community.

Are we sure Kohls $100 million does not include naming rights (Kohl Center Milwaukee)

[BrewCity83]

At the initial presser they said that the naming rights would be in addition to the pledged $200 million from the owners.  They also said that the buyers have pledged at least $100 million toward a new building.

[eroc830]

Are we sure Kohls $100 million does not include naming rights (Kohl Center Milwaukee)

Kohl specifically said he does not want the building named after him because he realizes the value of naming rights.  I'm sure Kohl's name will be on something substantial involving the area such as Kohl's Court for the Bucks floor, as Dennis Krause suggested.